Philippines, Pollution and Purchase

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Philippines

Pollution

Purchase

Southeast Asia market will become a competitive place for Chinese and Japanese car companies

Setec Powerr

NOVEMBER 30, 2022

And there is also a 150,000 baht (equal to more than 27,000 yuan) subsidy for each pure electric vehicle purchase. million electric vehicle users by 2025 to stimulate market demand and reduce air pollution. In addition, the tax rate for pure electric vehicles in Thailand was reduced from 8% to 2% in June this year.

Asia

Asia Chinese Thailand Companies

Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

MAY 7, 2024

The year 2023 was the first in which China’s New Energy Vehicle (NEV) 3 industry ran without support from national subsidies for EV purchases, which have facilitated expansion of the market for more than a decade. However, the phase-out of several purchase subsidies in Germany slowed overall EV sales growth.

Costa Rica

Costa Rica Cars Brazil Thailand

EV Driven

Southeast Asia market will become a competitive place for Chinese and Japanese car companies

Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

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